Two Nevada housing authorities get $5.2M in grants
Two Nevada Housing Authorities will receive a total of $5.2 million in grants under the federal Housing and Urban Development Department’s Capital Fund Program.
The total awarded this year through the annual grants program is just over $1.7 billion.
The purpose of the money is to make large-scale improvements to the nation’s public housing, which is operated by 3,100 agencies nationwide. As opposed to routine maintenance, the money is supposed to be used for such things as replacing roofs, updating plumbing and improving energy efficiency.
In Nevada, the lion’s share of the cash, $4.4 million, will go to the Southern Nevada Regional Housing Authority.
The remaining $788,385 will go to the Reno Housing Authority, for a total of $5,191,171.